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Cloud Leopard Energy: Announcement of Board Resolution to Acquire Zhaoyang Co., Ltd. Shares Through Subsidiary Tai Fu Yi Hao Energy Co., Ltd.

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Cloud Leopard Energy announced that its board of directors resolved to acquire 100% of Zhaoyang Co., Ltd. shares through its subsidiary, Tai Fu Yi Hao Energy Co., Ltd. for a total consideration not exceeding NT$685 million (approximately 3.33 billion JPY). This acquisition aims to create long-term stable revenue and expand the overall operational scale.

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